Global Aluminum Anodizing Dyes Market Size By Application (Automotive, Aerospace, Sporting Equipment), By Type (Type-I, Type II, Type III), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Aluminum Anodizing Dyes Market Size By Application (Automotive, Aerospace, Sporting Equipment), By Type (Type-I, Type II, Type III), By Geographic Scope And Forecast
Aluminum Anodizing Dyes Market Size And Forecast
Aluminum Anodizing Dyes Market size was valued at USD 404.02 Million in 2021 and is projected to reach USD 601.21 Million by 2030, growing at a CAGR of 4.60% from 2023 to 2030.
The drivers for the market are the increasing penetration of electrochemical and various advantages associated with the aluminum anodizing dye. However, the high cost of the product is limiting its market utilization. The Global Aluminum Anodizing Dyes Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Aluminum Anodizing Dyes Market Definition
Aluminum anodizing dyes are widely used in automotive parts, office supplies, aerospace components, sporting goods, and other applications. It comes in a variety of colors, including red, yellow, blue, green, and others. Although a variety of acids are used for specialized applications, sulfuric or chromic acids are the most commonly used acids for aluminum anodizing dyes.
Under the region, Asia Pacific accounts for a major share of the market owing to the well-developed automotive industry in terms of both supply and demand. Similarly, Automotive captures a major chunk of the market due to increasing penetration among people and rising disposable income.
Global Aluminum Anodizing Dyes Market Overview
Aluminum is “anodized” with special anodizing dyes to improve corrosion resistance, appearance, hardness, and wear resistance, as well as for a variety of specialized reasons such as improved glue-ability (adhesive bonding) for structural use, improved paint adhesion, and increased capacitance in electronic applications.
The application of anodizing dye has been seen in various industries such as automotive, aerospace, Military, Jewellery and others. Aluminum is popular among automakers due to its numerous advantages, including strength, durability, lightweight, recyclability, formability, and versatility obtained through surface treatment. New environmental policies around the world encourage automakers to reduce fuel consumption and emissions through weight reduction while also attempting to improve safety and performance. These factors have resulted in increasing use of aluminum in its various forms, including cast, rolled, or extruded material used in automobile manufacturing.
Anodizing aluminum involves immersing it in an acid (the electrolyte) and applying DC (direct current) electricity to the workpiece (positively charged). Some of the water in the acid is split into positively charged hydrogen and negatively charged oxygen by the electricity, with the oxygen being drawn to the positively charged aluminum surface, where it reacts with the aluminum to form aluminum hydroxide and related compounds (the hydrogen is attracted to the negatively charged electrode called the cathode, where it forms hydrogen gas bubbles and dissipates into the air).
Think of the acid as a helper that's also a bit of a troublemaker. It's great for conducting electricity, but it also nibbles away at the very anodized film we're trying to create! But here's the cool partthis simultaneous building up and breaking down creates tiny little "drill holes" – pores that run from the surface almost down to the bare aluminum. These holes are super important to how useful the anodized coating actually is. And because the acid is constantly attacking the coating, we can tweak the final product's properties just by playing around with the acid's strength, concentration, and even the temperature of the electrolyte.
Global Aluminum Anodizing Dyes MarketSegmentation Analysis
The Global Aluminum Anodizing Dyes Market is segmented on the basis of Application, Type, and Geography.
Based on Application, the market is bifurcated into Automotive, Aerospace, Sporting Equipment, Military, Jewelry, and others. Automotive accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 5.14% during the forecast period.
Aluminum Anodizing Dyes Market, By Type
• Type-I• Type II• Type III
Based on Type, the market is bifurcated into Type-I, Type II, Type III. Type II accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 5.17% during the forecast period.
Aluminum Anodizing Dyes Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of regional analysis, the Global Aluminum Anodizing Dyes Market is classified into North America, Europe, Asia Pacific, and Middle East and Africa, Latin America. Asia Pacific accounted for the largest market share in 2020 and is projected to grow at the highest CAGR of 5.07% during the forecast period.
Key Players
The “Global Aluminum Anodizing Dyes Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as KINGSCOTE CHEMICALS, All-Around Dyes Co., Ace Anodizing, and many others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2030
BASE YEAR
2021
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2018-2020
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
KINGSCOTE CHEMICALS, All-Around Dyes Co., Ace Anodizing, and many others.
SEGMENTS COVERED
Application, Type, and Geography.
CUSTOMIZATION SCOPE
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